In the absence of environmental laws,many people will act in their own self-interest;they will overuse natural resources and abuse the environment.If many individuals and businesses act this way,we will have a degraded environment and depleted resources.This poses a ____________________ for people who wish to enjoy the goods provided by nature.

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This situation is a classic example of a collective-action problem. In the absence of environmental laws, individuals and businesses are likely to act in their own self-interest and overuse natural resources, which will ultimately lead to a degraded environment and depleted resources. However, addressing this problem requires collective action, where everyone needs to work together towards a common goal of protecting the environment. Without an institutional framework to encourage cooperation, it is difficult to coordinate action and achieve a sustainable outcome.

In the Absence of Environmental Laws,many People Will Act in Their